Latest News

Administration |

Insider Trading Alleged at Utah Fund

February 10, 2003 (PLANSPONSOR.com) - Richard Cherry, the chief investment officer of Utah's $11.5 billion public employee retirement fund, is being investigated for allegedly making "personal investments that...
Products |

BLS Changes CPI Measure

February 22, 2002 (PLANSPONSOR.com) - The Consumer Price Index (CPI), an economic indicator widely used by pension plans and social security officials to gauge inflation is undergoing changes...
Investing |

Lagging Isabel Claims Boost Jobless Numbers

October 2, 2003 (PLANSPONSOR.com) - Hurricane Isabel continued to bedevil the jobless claims recordkeeping system as lagging claims from mid-September finally hit - driving up the latest government...
Investing |

MSCI Conducts Hedge Fund Invest Index Review

October 2, 2003 (PLANSPONSOR.com) - Hedge fund index provider MSCI has concluded its first quarterly Hedge Invest Index constituent review, which will result in the number of constituent...
Benefits |

Wal-Mart Dumps Cigna Insurance Option

October 2, 2003 (PLANSPONSOR.com) - Looking to save money by streamlining its employee health-care insurance options, Wal-Mart Stores Inc. said employees will no longer have a Cigna Corp....
Compliance |

States Lag in EGTRRA Legislation

February 22, 2002 (PLANSPONSOR.com) - More than 15 states have yet to pass legislature to correspond with the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA)...
Compliance |

Jury Awards Ex-Firefighter $1.2M

February 22, 2002 (PLANSPONSOR.com) - A former Philadelphia firefighter, who claimed he was sexually harassed by men under his command - who mistakenly thought he was gay, won...
Compliance |

Woman Signs Away Harassments Suit Rights

February 22, 2002 (PLANSPONSOR.com) - A federal appeals court has ruled that an employee who voluntarily agreed to give up her right to sue under federal anti-discrimination laws...
Benefits |

EEOC, Albertsons Sign Mediation Agreement

October 2, 2003 (PLANSPONSOR.com) - Albertsons, Inc. and the US Equal Employment Opportunity Commission (EEOC) have inked a deal to send employment discrimination claims to voluntary mediation-based Alternative...
Compliance |

No Rehire, No ERISA Violation

February 22, 2002 (PLANSPONSOR.com) - Not rehiring workers to avoid higher pension liabilities doesn't violate federal laws governing pensions, a federal appeals court ruled in a case involving...
Compliance |

Long Island Firm Slapped With EEOC Suit

October 2, 2003 (PLANSPONSOR.com) - The federal anti-discrimination agency has sued a Long Island firm, charging that it paid 21 Hispanic workers far less than their Asian coworkers...